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Amazing how long the PS2 has remained a viable piece of hardware. I still play mine almost as frequently as my PS3. With games like the Nobunaga's Ambition series, Yakuza 1-2, Persona series, fighting games, etc. I still find new PS2 games I'd like to try out.
Sony Reduces Price of PlayStation 2 To $99.99
Patricia Resende, newsfactor.com – Tue Mar 31, 12:48 pm ET
Sony Computer Entertainment America has made the cut. The consumer entertainment-device maker cut the price of the popular Sony PlayStation 2 gaming console by 25 percent on Tuesday.
Beginning April 1, the Sony PlayStation 2 will be priced at $99.99. Sony hopes to tap into a market of gamers who weren't born when PS2 was launched in 2000, according to John Koller, director of hardware marketing.
"In the gaming industry, the typical life cycle for a console is around five years, but because we build each of our platforms for a large and diverse consumer base, we design our platforms differently," Koller wrote in a PS2 blog post. "With the original PlayStation and now PlayStation 2, we've proven that consumers can rely on our platforms for their gaming and entertainment needs for at least a decade."
Just as PS2 has reached a decade of being on the shelves, Sony Entertainment President Jack Tretton believes PlayStation 3 will have the same success. "We believe PlayStation 3 offers the same promise by helping secure the Blu-ray format and delivering unprecedented value as the total home entertainment solution for the next decade," he said.
Mixed Reactions
Sony also made the cut to reach a group of users unable to afford the gaming console at its full price, and that led to some happy consumers, including someone with the screen name Monsignor.
"YES!!!! I've been waiting for this price to drop below $100 for over eight years," said the poster on Sony's blog. "Finally, I can now go out and buy it and see what all this fuss is about. Thanks, Sony."
While a minority of posters were happy with the price cut, a majority of comments from gamers indicated disappointment. Users had hoped for either a price cut for the PS3 or new firmware.
"The PS2 is a system that is dying and its glory days are in the past," said a poster that goes by Lemm. "This price drop will temporarily increase sales, but its immediate fate is certainly nearing and the people willing to buy the system at such a reduced price likely won't be the ones buying much new software for the system."
"Sony continues to make great games and hardware for their systems, but when it comes to business decisions I think they're out to lunch," Lemm added.
Poster Aggie CEO said people need to stop complaining about the drop not being on the PS3. "A PS3 drop would ruin Sony at this point; it's called business and if they drop the PS3 they would be in a bigger hole than they are now," the poster said.
Moving Beyond a Milestone
The price cut comes just weeks after Sony announced it had reached a milestone with the video-game console with 50 million sold in North America. Worldwide, Sony has sold more than 136 million.
Along with the decrease in price, Sony is touting additional game titles, including MLB '09, GhostBusters, Guitar Hero Metallica, and MotorStorm in an effort to target a family of gamers similar to what Nintendo has done with its Wii gaming system.
"The price cut puts the PS2 at a very attractive price point, particularly during these recessionary times," said NPD analyst Anita Frazier. "The PS2 has remained a viable system at retail, even several years after the next generation of console systems have been available."
"There is definitely a value-driven market out there, and this price cut puts the PS2 at a mass-market-friendly price and should stimulate an increase in hardware sales," Frazier added. "The number-one reason consumers buy a hardware system is because of the games available to play on that system, and there is a vast catalog of PS2 content still available for consumers to enjoy."
"This couldn't come at a better time, as now more than ever families are looking to spend more time at home and looking for great entertainment choices on a budget," said Al De Leon, PR manager for Sony Computer Entertainment America. "For under $100, the PlayStation 2 provides great entertainment value as both a video-game console and a home entertainment hub with DVD and CD playback, online gaming capabilities, and much more."
Sony Reduces Price of PlayStation 2 To $99.99
Patricia Resende, newsfactor.com – Tue Mar 31, 12:48 pm ET
Sony Computer Entertainment America has made the cut. The consumer entertainment-device maker cut the price of the popular Sony PlayStation 2 gaming console by 25 percent on Tuesday.
Beginning April 1, the Sony PlayStation 2 will be priced at $99.99. Sony hopes to tap into a market of gamers who weren't born when PS2 was launched in 2000, according to John Koller, director of hardware marketing.
"In the gaming industry, the typical life cycle for a console is around five years, but because we build each of our platforms for a large and diverse consumer base, we design our platforms differently," Koller wrote in a PS2 blog post. "With the original PlayStation and now PlayStation 2, we've proven that consumers can rely on our platforms for their gaming and entertainment needs for at least a decade."
Just as PS2 has reached a decade of being on the shelves, Sony Entertainment President Jack Tretton believes PlayStation 3 will have the same success. "We believe PlayStation 3 offers the same promise by helping secure the Blu-ray format and delivering unprecedented value as the total home entertainment solution for the next decade," he said.
Mixed Reactions
Sony also made the cut to reach a group of users unable to afford the gaming console at its full price, and that led to some happy consumers, including someone with the screen name Monsignor.
"YES!!!! I've been waiting for this price to drop below $100 for over eight years," said the poster on Sony's blog. "Finally, I can now go out and buy it and see what all this fuss is about. Thanks, Sony."
While a minority of posters were happy with the price cut, a majority of comments from gamers indicated disappointment. Users had hoped for either a price cut for the PS3 or new firmware.
"The PS2 is a system that is dying and its glory days are in the past," said a poster that goes by Lemm. "This price drop will temporarily increase sales, but its immediate fate is certainly nearing and the people willing to buy the system at such a reduced price likely won't be the ones buying much new software for the system."
"Sony continues to make great games and hardware for their systems, but when it comes to business decisions I think they're out to lunch," Lemm added.
Poster Aggie CEO said people need to stop complaining about the drop not being on the PS3. "A PS3 drop would ruin Sony at this point; it's called business and if they drop the PS3 they would be in a bigger hole than they are now," the poster said.
Moving Beyond a Milestone
The price cut comes just weeks after Sony announced it had reached a milestone with the video-game console with 50 million sold in North America. Worldwide, Sony has sold more than 136 million.
Along with the decrease in price, Sony is touting additional game titles, including MLB '09, GhostBusters, Guitar Hero Metallica, and MotorStorm in an effort to target a family of gamers similar to what Nintendo has done with its Wii gaming system.
"The price cut puts the PS2 at a very attractive price point, particularly during these recessionary times," said NPD analyst Anita Frazier. "The PS2 has remained a viable system at retail, even several years after the next generation of console systems have been available."
"There is definitely a value-driven market out there, and this price cut puts the PS2 at a mass-market-friendly price and should stimulate an increase in hardware sales," Frazier added. "The number-one reason consumers buy a hardware system is because of the games available to play on that system, and there is a vast catalog of PS2 content still available for consumers to enjoy."
"This couldn't come at a better time, as now more than ever families are looking to spend more time at home and looking for great entertainment choices on a budget," said Al De Leon, PR manager for Sony Computer Entertainment America. "For under $100, the PlayStation 2 provides great entertainment value as both a video-game console and a home entertainment hub with DVD and CD playback, online gaming capabilities, and much more."